the new year's eve midnight hour when budget cuts swoop down from the fiscal cliff. harry reid and mitch mcconnell are working on a stopgap bill. >> at some point the negotiating process it appears there are things that have stopped us in moving forward. i hope we're not there but we're getting real close. >> i want everyone to know i am willing to get this know, but i need a dance partner. >> the legislation would prevent a tax increase for 98% of american workers, extend unemployment benefits and prevent a huge cut in payments to medicaid doctors. >> we should introduce legislation to make sure that middle-class taxes stay where they are. >> even if they reach a deal it won't pass congress by monday night. if it doesn't everybody's income taxes will go up. the average family would pay $3,324 would. if congress doesn't passion a new bill? >> we'll come back with a new congress in january 4th and first bill will be introduced on the floor will be to cut taxes on middle-class families. >> the bargaining continues tonight. >> ama: in two dates, new laws to take effect in california.
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